Sandler O’Neill set a $24.00 price objective on KKR & Co. L.P. (NYSE:KKR) in a research report report published on Thursday morning. The brokerage currently has a hold rating on the asset manager’s stock.

Several other equities research analysts also recently commented on KKR. ValuEngine raised KKR & Co. L.P. from a buy rating to a strong-buy rating in a report on Saturday, September 30th. Morgan Stanley boosted their target price on KKR & Co. L.P. from $20.00 to $21.00 and gave the stock an equal weight rating in a report on Thursday, October 5th. Zacks Investment Research downgraded KKR & Co. L.P. from a buy rating to a sell rating in a report on Wednesday, October 11th. Keefe, Bruyette & Woods reaffirmed a buy rating and set a $27.00 price target on shares of KKR & Co. L.P. in a report on Thursday, October 12th. Finally, Goldman Sachs Group raised KKR & Co. L.P. from a neutral rating to a buy rating in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Buy and an average target price of $24.20.

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KKR & Co. L.P. (KKR) traded up $0.05 during trading on Thursday, reaching $23.08. The company’s stock had a trading volume of 1,600,700 shares, compared to its average volume of 2,500,000. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. KKR & Co. L.P. has a twelve month low of $16.77 and a twelve month high of $23.32. The company has a market capitalization of $18,900.00, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 0.70 and a beta of 1.52.

KKR & Co. L.P. (NYSE:KKR) last released its earnings results on Thursday, October 26th. The asset manager reported $0.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.06). KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The company had revenue of $356.00 million during the quarter, compared to the consensus estimate of $314.80 million. During the same period last year, the firm posted $0.71 earnings per share. The company’s revenue was up 29.0% compared to the same quarter last year. equities analysts expect that KKR & Co. L.P. will post 2.43 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the company. Stelac Advisory Services LLC bought a new position in shares of KKR & Co. L.P. during the third quarter valued at $119,000. Advisory Services Network LLC lifted its holdings in shares of KKR & Co. L.P. by 1.8% during the second quarter. Advisory Services Network LLC now owns 6,405 shares of the asset manager’s stock valued at $119,000 after purchasing an additional 115 shares in the last quarter. Laurel Wealth Advisors Inc. lifted its holdings in shares of KKR & Co. L.P. by 0.6% during the second quarter. Laurel Wealth Advisors Inc. now owns 10,917 shares of the asset manager’s stock valued at $203,000 after purchasing an additional 67 shares in the last quarter. FinTrust Investment Advisory Services LLC bought a new position in shares of KKR & Co. L.P. during the third quarter valued at $239,000. Finally, Yorktown Management & Research Co Inc bought a new position in shares of KKR & Co. L.P. during the third quarter valued at $244,000. 65.07% of the stock is currently owned by hedge funds and other institutional investors.

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About KKR & Co. L.P.

KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.